Enbridge Inc. agreed Thursday to pay $270 million to buy Tri Global Energy LLC (TGE), a top U.S. wind and solar company with a portfolio that includes 45 generating sites in seven states. The takeover, which includes debt, adds a built-in bonus of up to $50 million if all of TGE’s projects now on the…
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Jim Beam Distiller Taps RNG Project to Cut Emissions in Kentucky Expansion
Every bottle of Jim Beam Kentucky Straight Bourbon could be a little greener in the near future thanks to Beam Suntory Inc.’s inclusion of a renewable natural gas (RNG) project as a part of an expansion at its iconic Kentucky distillery. The Chicago-based producer of spirit brands like Jim Beam and Maker’s Mark has announced…

California RNG Startup to Expand North American Platform
California real estate and infrastructure firm Cim Group is creating an energy start-up with a renewable natural gas (RNG) foundation by acquiring Mas Energy LLC’s development platform and project portfolio. Terreva Renewables was formed to incorporate the Mas development team and production from seven landfill natural gas projects. The price of the acquisition was not…

Gevo’s Proposed SAF Facility Dubbed ‘Largest Economic Investment’ Ever in South Dakota
Gevo Inc. is preparing to build a commercial-scale sustainable aviation fuel (SAF) production facility, Net-Zero 1 (NZ1) in South Dakota, in which the biofuels company plans to incorporate green hydrogen produced from water and renewable natural gas. “As all the elements come together, from farmers growing sustainable corn feedstock, to renewable wind power and renewable…

Airlines Commit to Sustainable Aviation Fuel, but Tight Supply, High Cost Block Runway
Airlines see the idea of reducing greenhouse gas (GHG) emissions through alternative fuels as a positive, but an eight-fold increase in fuel cost may stand in the way of landing on net-zero targets on time. Last year, the Biden administration targeted commercial aviation for reducing emissions, and set a domestic production goal of 3 billion…

California Adopts Offshore Wind Target and Calls for ‘Significant’ Grid Investments
Following Gov. Gavin Newsom’s request to the California Energy Commission (CEC) to shoot for more “ambitious” climate goals, the regulator last week adopted a planning goal to develop 25 GW of offshore wind by 2045. In its latest report, Offshore Wind Energy Development off the California Coast, CEC said that the “preliminary planning goals are…

Renewables-Friendly Legislation Seen Advancing U.S. Solar Power Industry
President Biden is expected to sign into law the Inflation Reduction Act of 2022 once it reaches his desk, legislation that Department of Energy (DOE) Secretary Jennifer Granholm said would be “monumental” for clean energy investments. Under the legislation, which cleared the Senate on Sunday and is expected to be approved by the House later…

Upstream Oil, Natural Gas Investments Rising, but Renewables Said Driving Growth
While investments in the global energy industry are expected to jump 8% from 2021 to 2022, investments in fossil fuels have not returned to pre-pandemic levels, according to the International Energy Agency (IEA). Investments in upstream oil and natural gas activities are projected to rise 10% year/year in 2022, but are likely to fall short…

Is Renewable Energy About to Boom? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. In this episode, NGI senior editor Chris Lenton talks to NGI senior analysts Shaylon Stolk and Josten Mavez about the renewable energy landscape and how natural gas fits into the mix. The war in Ukraine has completely upended the global energy…

Black Hills, Piedmont Natural Gas Unveil RNG Carbon Offset Programs for Residential Customers
Black Hills Energy is pursuing a voluntary renewable natural gas (RNG) and carbon offset pilot program for its residential and business customers, said parent company Black Hills Corp. The Rapid City, SD-based utility filed a proposal with the Colorado Public Utilities Commission (PUC) for a program that would offer customers the opportunity to offset 100%…